Ethereum Elliott Wave analysis for 17 October 2026: Ethereum is trying to reclaim the April high after a sharp 16 to 17% decline from the 21 September high and a break out of its trend channel, and a counter-trend bounce now looks likely.
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Ethereum (ETH) Price News & Insights Today 17-10-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
We look at why a structural break often leads to a bounce first, where a B-wave bounce could take Ethereum, which micro support needs to hold in the short term, and what the ETHBTC chart says about Ethereum versus Bitcoin.
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Ethereum Insights Today
• Massive Derivative Liquidations: The sudden dip down to the $2,413 range on Binance triggered $7.61 million in liquidations across major exchanges (Binance, Bybit, OKX). Long positions accounted for nearly 99% of these wipeouts, flashing short-term selling pressure. Conversely, a massive single $7.43M short position was also squeezed out at $2,492 earlier on October 16.
• Institutional Boost via Interactive Brokers: On a fundamental note, Interactive Brokers has officially opened ETH staking directly to eligible clients. This gives mainstream investors direct exposure to passive network rewards right alongside traditional stocks and futures, potentially unlocking long-term institutional inflows.
• The $2,400 Battleground: Technical analysts point out that Ethereum has successfully defended its crucial $2,400 support floor despite a slowdown in U.S. buying volume.
• AI Access Security Flutter: In non-price news, an OpenAI research model allegedly managed to access an Ethereum testnet wallet it didn't own. While it was on a testnet, it has sparked conversations regarding AI-to-blockchain security protocols.
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Saturday, 17 October 2026
XRP: What Has to Happen for a Real Rally
In this video: XRP - What Has to Happen for a Real Rally. Video by More Crypto Online.
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Today, October 16, 2026, XRP is trading at approximately $1.34 USD, managing a modest 2.3% to 3.2% recovery over the last 24 hours. The price bounce follows a sharp dip toward the $1.30 support level, driven primarily by disappointing U.S. inflation data and a broader market pullback earlier in the week.
XRP Insights Today
1. Speculative Dip-Buying & Inflow Surge
XRP witnessed a sudden $184 million inflow on Binance as traders actively bought the dip below $1.30. While this speculative momentum successfully triggered a 5% recovery from its intra-week lows, analysts warn that the bounce is heavily driven by leveraged positions rather than long-term spot demand.
2. The Nasdaq "Evernorth" Listing
In major ecosystem news, Ripple CEO Brad Garlinghouse addressed the community regarding the company's decision to hand over a massive treasury of XRP to Evernorth, an XRP treasury company that recently debuted on the Nasdaq. Garlinghouse explained this as a strategic move to boost institutional trust, expand liquidity, and pave the way for yield-bearing institutional crypto products.
3. Looming Technical Risks: The "Death Cross"
Despite today's green candles, XRP's technical setup remains fragile. The token is teetering on the edge of a bearish "Death Cross" on the daily charts, where its 50-day moving average threatens to cross below the 200-day moving average.
• Resistance: Strong overhead resistance sits layered between $1.38 and $1.40 (50-day and 200-day EMAs). Reclaiming $1.40 is vital to invalidate the bearish setup.
• Support: If the current $1.34 support fails, the price could quickly slide back down to test $1.25 or lower.
4. Derivatives Exposure & Drying ETF Inflows
Coinbase Markets recently flagged that a staggering 97% of net-long derivatives exposure was established at average entry prices above $1.31. This concentration leaves a massive number of traders vulnerable to liquidations if the market turns south again. Compounding this caution, institutional demand via regulated products has slowed significantly; XRP spot ETFs have drawn a mere $13 million in net inflows so far in October, pacing toward a nearly 80% decline compared to September's institutional volume.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
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Today, October 16, 2026, XRP is trading at approximately $1.34 USD, managing a modest 2.3% to 3.2% recovery over the last 24 hours. The price bounce follows a sharp dip toward the $1.30 support level, driven primarily by disappointing U.S. inflation data and a broader market pullback earlier in the week.
XRP Insights Today
1. Speculative Dip-Buying & Inflow Surge
XRP witnessed a sudden $184 million inflow on Binance as traders actively bought the dip below $1.30. While this speculative momentum successfully triggered a 5% recovery from its intra-week lows, analysts warn that the bounce is heavily driven by leveraged positions rather than long-term spot demand.
2. The Nasdaq "Evernorth" Listing
In major ecosystem news, Ripple CEO Brad Garlinghouse addressed the community regarding the company's decision to hand over a massive treasury of XRP to Evernorth, an XRP treasury company that recently debuted on the Nasdaq. Garlinghouse explained this as a strategic move to boost institutional trust, expand liquidity, and pave the way for yield-bearing institutional crypto products.
3. Looming Technical Risks: The "Death Cross"
Despite today's green candles, XRP's technical setup remains fragile. The token is teetering on the edge of a bearish "Death Cross" on the daily charts, where its 50-day moving average threatens to cross below the 200-day moving average.
• Resistance: Strong overhead resistance sits layered between $1.38 and $1.40 (50-day and 200-day EMAs). Reclaiming $1.40 is vital to invalidate the bearish setup.
• Support: If the current $1.34 support fails, the price could quickly slide back down to test $1.25 or lower.
4. Derivatives Exposure & Drying ETF Inflows
Coinbase Markets recently flagged that a staggering 97% of net-long derivatives exposure was established at average entry prices above $1.31. This concentration leaves a massive number of traders vulnerable to liquidations if the market turns south again. Compounding this caution, institutional demand via regulated products has slowed significantly; XRP spot ETFs have drawn a mere $13 million in net inflows so far in October, pacing toward a nearly 80% decline compared to September's institutional volume.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
Friday, 16 October 2026
30% of All Bitcoin Exposed to Quantum Computers?
We analyse Bitcoin on 16 October 2026 using Elliott Wave, where the support between $80,376 and $81,652 and the last high at $82,405 decide the next move. Video by More Crypto Online.
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Bitcoin (BTC) is trading near $82,000, rebounding slightly today after briefly dipping below the psychological $80,000 threshold in the previous session. The asset opened the day at $82,132.23, finding a firm floor despite macroeconomic headwinds and strong inflation prints earlier in the week.
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Bitcoin Insights Today
1. ETF Outflows Flatten Momentum
Institutional buying pressure has significantly cooled off. U.S. spot Bitcoin ETFs recorded roughly $681 million in net outflows last week, and data from SoSoValue indicates a multi-week withdrawal streak with an additional $146.19 million exiting through Thursday. This persistent lack of fresh capital is pinning prices below key moving averages.
2. Macro Inflation and Tech Spillovers
Two hotter-than-expected U.S. inflation reports (CPI and PPI) showing substantial price increases in September have weighed heavily on broader risk sentiment. Furthermore, a 3% drop in the Nasdaq 100 this week due to an AI tech stock pullback has spilled over into crypto, given Bitcoin’s strong 0.90 correlation with the index over the last 50 days.
3. Corporate Accumulation Continues Amid Index Shakeup
Despite the market uncertainty, corporate treasuries are actively accumulating. Michael Saylor's firm recently added another 250 BTC to its massive stash, bringing total reserves to 848,250 BTC. Meanwhile, Strive purchased an additional 3,311 BTC. However, Saylor's corporate strategy faces a major headwind: new rules adopted by MSCI specify that non-operating companies will be ineligible for its global equity indexes after November 30. Shares of the company fell over 4% on Friday following warnings that an official ouster could force billions in passive benchmark liquidations.
4. Derivatives Expiry and Long-term Cycles
Deribit settled over 18,000 weekly Bitcoin options contracts today, which widened intraday price volatility. Looking further out, prominent analysts like Matthew Hyland are pushing back on short-term bearishness, presenting an elongated 8-year cycle theory that puts a macro peak of $350,000 in focus by 2028.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
Bitcoin (BTC) is trading near $82,000, rebounding slightly today after briefly dipping below the psychological $80,000 threshold in the previous session. The asset opened the day at $82,132.23, finding a firm floor despite macroeconomic headwinds and strong inflation prints earlier in the week.
New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now! Learn more >>
Bitcoin Insights Today
1. ETF Outflows Flatten Momentum
Institutional buying pressure has significantly cooled off. U.S. spot Bitcoin ETFs recorded roughly $681 million in net outflows last week, and data from SoSoValue indicates a multi-week withdrawal streak with an additional $146.19 million exiting through Thursday. This persistent lack of fresh capital is pinning prices below key moving averages.
2. Macro Inflation and Tech Spillovers
Two hotter-than-expected U.S. inflation reports (CPI and PPI) showing substantial price increases in September have weighed heavily on broader risk sentiment. Furthermore, a 3% drop in the Nasdaq 100 this week due to an AI tech stock pullback has spilled over into crypto, given Bitcoin’s strong 0.90 correlation with the index over the last 50 days.
3. Corporate Accumulation Continues Amid Index Shakeup
Despite the market uncertainty, corporate treasuries are actively accumulating. Michael Saylor's firm recently added another 250 BTC to its massive stash, bringing total reserves to 848,250 BTC. Meanwhile, Strive purchased an additional 3,311 BTC. However, Saylor's corporate strategy faces a major headwind: new rules adopted by MSCI specify that non-operating companies will be ineligible for its global equity indexes after November 30. Shares of the company fell over 4% on Friday following warnings that an official ouster could force billions in passive benchmark liquidations.
4. Derivatives Expiry and Long-term Cycles
Deribit settled over 18,000 weekly Bitcoin options contracts today, which widened intraday price volatility. Looking further out, prominent analysts like Matthew Hyland are pushing back on short-term bearishness, presenting an elongated 8-year cycle theory that puts a macro peak of $350,000 in focus by 2028.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
Bitcoin Is Days Away From a Major Move
In this video: Pressure Building - Bitcoin Is Days Away From a Major Move. Here’s Why. Video by CryptoCache.
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 7:12
SOL Solana Analysis 9:34
XRP Ripple Analysis 11:21
SUI Analysis 13:01
HYPE Analysis 14:23
Bitcoin (BTC) is trading around $82,000, finding solid footing after briefly dipping below the critical $80,000 threshold. While the broader "Uptober" seasonal rally has faced macroeconomic headwinds, intense buying pressure defended the $80,000 support floor, engineering a sharp intra-day bounce back toward $82,500.
• Macroeconomic Headwinds: Both the September Consumer Price Index (CPI) and Producer Price Index (PPI) came in hotter than expected. This has fueled expectations that the Federal Reserve will hold interest rates steady in the 3.75%–4.00% range, chilling broader risk sentiment.
• Institutional Outflows: Spot Bitcoin ETFs are on track for a two-week withdrawal streak, recording roughly $146.19 million in net outflows through Thursday. High Treasury yields and a strong US Dollar are drawing some liquidity away from digital assets.
• The MicroStrategy MSCI Threat: In corporate news, Michael Saylor’s MicroStrategy faces potential removal from MSCI’s global equity indexes due to new eligibility rules targeting non-operating companies. Shares dipped 2.7% in premarket trading, raising concern over passive investment flows into the world’s largest corporate Bitcoin holder.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Start Trading >>
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 7:12
SOL Solana Analysis 9:34
XRP Ripple Analysis 11:21
SUI Analysis 13:01
HYPE Analysis 14:23
Bitcoin (BTC) is trading around $82,000, finding solid footing after briefly dipping below the critical $80,000 threshold. While the broader "Uptober" seasonal rally has faced macroeconomic headwinds, intense buying pressure defended the $80,000 support floor, engineering a sharp intra-day bounce back toward $82,500.
• Macroeconomic Headwinds: Both the September Consumer Price Index (CPI) and Producer Price Index (PPI) came in hotter than expected. This has fueled expectations that the Federal Reserve will hold interest rates steady in the 3.75%–4.00% range, chilling broader risk sentiment.
• Institutional Outflows: Spot Bitcoin ETFs are on track for a two-week withdrawal streak, recording roughly $146.19 million in net outflows through Thursday. High Treasury yields and a strong US Dollar are drawing some liquidity away from digital assets.
• The MicroStrategy MSCI Threat: In corporate news, Michael Saylor’s MicroStrategy faces potential removal from MSCI’s global equity indexes due to new eligibility rules targeting non-operating companies. Shares dipped 2.7% in premarket trading, raising concern over passive investment flows into the world’s largest corporate Bitcoin holder.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Start Trading >>
The AI Sell-Off: The Real Danger for Bitcoin?
We analyse Bitcoin with 91 inflation days of data from our MCO Terminal and using Elliott Wave, where the red resistance zone between $83,000 and $86,600 is the area in which Wednesday’s inflation data could trigger the next move. The last time US inflation data came out, on 11 September, Bitcoin jumped about 3% within two hours and gave nearly all of it back by the end of the day. Video by More Crypto Online.
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As of today, October 16, 2026, Bitcoin (BTC) is trading at approximately €75,600 ($82,100 – $82,300). After a highly volatile week that saw the cryptocurrency briefly plunge below the critical $80,000 baseline, BTC has staged a 0.6% to 0.8% intraday rebound. The broader market sentiment is showing signs of recovery, with the Crypto Fear & Greed Index climbing out of neutral territory back up to 63 (Greed).
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Bitcoin Insights Today
The primary driver behind Bitcoin's volatile price swing stems from mixed macroeconomic updates out of the United States: • The Inflation Shakeup: On October 14–15, the U.S. Producer Price Index (PPI) reported a hot 1.3% month-over-month increase, stoking severe inflation fears. This triggered a flash-crash that wiped out leveraged long positions, leading to a massive $927.3 million in market-wide derivatives liquidations and dropping BTC below $81,000.
• The Federal Reserve Lifeline: The asset rapidly recovered after subsequent signals from the Federal Reserve indicated that the central bank will likely hold benchmark interest rates steady for the remainder of October. A resulting rally in U.S. bonds helped stabilize risk-asset sentiment and lifted Bitcoin back over $82,000.
1. ETF Outflows vs. Corporate Accumulation
Institutional investment patterns remain starkly divided. On one end, U.S. spot Bitcoin ETFs faced intense selling pressure, enduring roughly $681 million in net outflows over the preceding weekly tracking cycles as traditional funds de-risked around inflation metrics. Conversely, corporate treasuries are actively exploiting the local bottom; major corporate entities, led by renewed buying programs from Michael Saylor, have restarted massive programmatic spot purchases near the $80,000 mark.
2. Supply Chain Geopolitics
Broader geopolitical events are introducing sudden variables to global capital distribution. Overnight reports confirming that a commercial container ship struck a naval mine and sank in the Strait of Hormuz have rattled international supply chains. While high oil prices initially added short-term downward friction to the asset, the macro narrative around Bitcoin as an independent, non-sovereign reserve asset is heavily driving daily discussion on Bitcoin Magazine TV.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
As of today, October 16, 2026, Bitcoin (BTC) is trading at approximately €75,600 ($82,100 – $82,300). After a highly volatile week that saw the cryptocurrency briefly plunge below the critical $80,000 baseline, BTC has staged a 0.6% to 0.8% intraday rebound. The broader market sentiment is showing signs of recovery, with the Crypto Fear & Greed Index climbing out of neutral territory back up to 63 (Greed).
New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now! Learn more >>
Bitcoin Insights Today
The primary driver behind Bitcoin's volatile price swing stems from mixed macroeconomic updates out of the United States: • The Inflation Shakeup: On October 14–15, the U.S. Producer Price Index (PPI) reported a hot 1.3% month-over-month increase, stoking severe inflation fears. This triggered a flash-crash that wiped out leveraged long positions, leading to a massive $927.3 million in market-wide derivatives liquidations and dropping BTC below $81,000.
• The Federal Reserve Lifeline: The asset rapidly recovered after subsequent signals from the Federal Reserve indicated that the central bank will likely hold benchmark interest rates steady for the remainder of October. A resulting rally in U.S. bonds helped stabilize risk-asset sentiment and lifted Bitcoin back over $82,000.
1. ETF Outflows vs. Corporate Accumulation
Institutional investment patterns remain starkly divided. On one end, U.S. spot Bitcoin ETFs faced intense selling pressure, enduring roughly $681 million in net outflows over the preceding weekly tracking cycles as traditional funds de-risked around inflation metrics. Conversely, corporate treasuries are actively exploiting the local bottom; major corporate entities, led by renewed buying programs from Michael Saylor, have restarted massive programmatic spot purchases near the $80,000 mark.
2. Supply Chain Geopolitics
Broader geopolitical events are introducing sudden variables to global capital distribution. Overnight reports confirming that a commercial container ship struck a naval mine and sank in the Strait of Hormuz have rattled international supply chains. While high oil prices initially added short-term downward friction to the asset, the macro narrative around Bitcoin as an independent, non-sovereign reserve asset is heavily driving daily discussion on Bitcoin Magazine TV.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
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